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Cool Vendors in Procurement
and Sourcing Technology, 2017


Scout RFP named a "Cool Vendor" by Gartner

Key Findings:
  • Intuitiveness and simplicity (or "usability") of the user interface directly impact customer adoption and continue to reorder the procurement and sourcing technology market.
  • Procurement solutions that inspire ready collaboration between the buyer and supplier deliver powerful communication advantages and cost-saving efficiencies to both organizations.
  • The innovative solutions brought into an organization by new vendors in the early rounds of funding often outweigh the risks of engaging with a startup.
Cool Vendor Summary

In this "smart everything" era, successful application leaders modernizing procurement and sourcing solutions must blend startup and mature vendor technologies into a high-performing ecosystem. This report highlights young vendors delighting customers with innovation and positive business impacts.
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